Business news

Business

AI beats human forecasters in tournament predicting 30 tech ventures

For decades, the idea that artificial intelligence can beat humans at number-crunching tasks like high-frequency trading has been widely accepted. But strategic foresight—the ability to predict the success of high-stakes, ...

Business

Quantifying forks in Bitcoin mining—and their energy cost

Creating new cryptocurrency requires large amounts of computing power, which is used to solve cryptographic puzzles in what is known as proof-of-work mining. When two computers attempt to solve the same puzzle, the first ...

Business

Workers' information shared with third-party companies, new research reveals

Companies are sharing workers' identifiable information and online activity with third-party companies, including Microsoft, Google and Facebook, using employee monitoring software known as "bossware," new Northeastern University ...

Business

Technology usually creates jobs for young, skilled workers. Will AI do the same?

At any given time, technology does two things to employment: It replaces traditional jobs, and it creates new lines of work. Machines replace farmers, but enable, say, aeronautical engineers to exist. So, if tech creates ...

Business

Airbnb expands into hotels, cars, groceries

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

Business

Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to the ChatGPT startup and ending one of Silicon Valley's most closely watched courtroom ...

Business

Widespread AI adoption masks deeper problem, study shows

Irrespective of the ethics and the apocalyptic predictions, artificial intelligence (AI) has already become a central component of economic and institutional decision-making. Research in the International Journal of Intelligent ...

Business

From solar panels to solar markets: Why business models matter

Amanda Bankel's doctoral thesis explores why low-carbon technologies like solar panels do not spread as quickly as expected, even when they are affordable and technologically mature. The study shows that the problem is often ...

Business

China tech giant Tencent bets on AI agents

Tencent wants to bring artificial intelligence agents into its WeChat social media app, the Chinese tech firm's president said on Wednesday, a move that could change how hundreds of millions of users interact with the platform ...

Consumer & Gadgets

How Apple's new low-cost MacBook Neo may shake up the market

With a price tag of $600—$500 with a student discount—Apple's new MacBook Neo releasing today is shaking up the entry-level PC market and education sector, competing squarely with similarly priced Windows laptops and Chromebooks.